Looked towards fine, dazzling diamonds (5)
I believe the answer is:
faced
'looked towards' is the definition.
'fine dazzling diamonds' is the wordplay.
'fine' becomes 'f' (abbreviation).
'dazzling' becomes 'ace' (both can mean impressive or excellent).
'diamonds' becomes 'd' (abbreviation for the card suit diamonds).
'f'+'ace'+'d'='FACED'
(Other definitions for faced that I've seen before include "Stood up to" , "Confronted" , "Encountered" , "Dealt with" , "Resisted" .)